Why you should stay off from market prediction

[Teawhalee]

This is a good point to keep at heart. I will also add that before you follow anyone call or prediction, you should research the project before investing into it. This will give a clear and finally decision to take.

[reverseflash]

If people stop predicting and/or speculating about the price of bitcoins, the market will stop, and there will be no potential price increase. Bitcoin is largely a speculative asset. Of course, one should not blindly trust any prediction, but nevertheless, one should listen to the market trends and draw conclusions for oneself.

[safarabela]

Bad and unpredictable markets for now. And I prefer to watch now, while holding and being patient waiting for market movements towards a more stable direction.

[muhdede]

the most important thing is that predictions are not everything, it's just speculation that people don't have valid data to determine whether it's true or not because the crypto market has value regulation on each coin in the CMC. keep trading and hold your coin as long as you are sure of your decision

[liskanth]

Self study and consequently making one's own prediction is good in my opinion. With that you make your own predictions by studying the trends over a certain period and this could be a great guide to success in trading or long term hodling.

[romantic007]

Absolutely right. Crypto isn't predictable, and I doubt that it can ever become so. Predictions are poisonous because of the reasons you've listed.

[kenjionline]

I fully agree with you, do not listen to anyone, think with your head when investing. All rumors can be created specifically, the market is easily served by manipulation.

[cryptic4000]

Experts misunderstood a long time ago and this is the basic thing that new traders need to know. Because no one treats us better than we do. What to do is learn from the books on investing, how to invest properly and how to manage financial effectively. That is what new people need to learn to be able to invest successfully.

[Ezenwanyi]

I lost a lot of money when I newly joined crypto, reason was ,,I was following market prediction. It doesn't mean that those giving the market prediction are always wrong though.
It just that the crypto currency market is highly volatile and so unpredictable.
So I stopped following market prediction.

[Iambatman]

Yes this market is hard to tell Because it was fast and all of the people can trade so its hard to predict or what

[NoviceInvestor]

I predict that in a year's time, bitcoin will be worth about $6500.

[sultanGol]

I do not think, it is fully possible to not care about price predictions. That is true, that we can not see the future with full accuracy, but we must have an idea, where the market is going. Surely, a plan B is also needed, in case things go different, than what we expect.